Malaysia
Malaysia will rely on central bank over ringgit
Malaysia has revealed that it will rely on central bank intervention rather than a currency trading band to maintain the stability of its managed float of the ringgit.
MAS's Aziz on expanding ASEAN-EU economic links
In the speech 'Expanding ASEAN-EU economic links - the role of the euro' given on 14 July, Zeti Akhtar Aziz of the Central Bank of Malaysia said both the EU and ASEAN through the rebalancing of global growth have the potential to contribute towards…
MAS says increased S$ volatility not expected
The Monetary Authority of Singapore said it does not expect greater volatility in the Singapore dollar as a result of the revaluation of the yuan and ringgit.
Malaysia scraps ringgit peg to the dollar
Bank Negara Malaysia announced Thursday 21 July that it is scrapping the ringgit's seven-year old peg to the dollar and moving to a managed float against a basket of currencies with immediate effect.
Malaysia's Zeti sees more Islamic bank licenses
Bank Negara Malaysia may issue more Islamic bank licences to local banks and foreigners in a bid to transform the country into and Islamic banking hub, the central bank governor Zeti Akhtar Aziz said.
Malaysia's Aziz on Islamic financial markets
In the speech 'Strengthening linkages in the Islamic financial markets' given on 24 June, Zeti Akhtar Aziz of the Central Bank of Malaysia said the Islamic finance industry should develop a derivatives market that helps investors control risk.
Zeti says ringgit peg not deterring investment
The Malaysian ringgit's fixed exchange rate system has not discouraged European countries from investing in the country nor curbed growth in trade, central bank governor Zeti Akhtar Aziz said.
Bank Negara and EC to organise Asean-EU conference
Bank Negara Malaysia and the European Commission (EC) are jointly organising a conference titled "Expanding Asean-EU Economic Links - The role of Euro" to be held in Kuala Lumpur from 13 July to 15 July.
Interview with Malaysia's Zeti on Islamic finance
In an interview published this week, Malaysian central bank governor Dr Zeti Akhtar Aziz said there is room for Islamic finance worldwide, as the ultimate goal of Islamic financial services is to enhance wealth creation, and promote sustainable and…
Malaysia to maintain low rates despite oil price
Bank Negara Malaysia may keep interest rates low, even though global oil prices continue to remain high, national news agency Bernama reported, quoting the central bank's governor Zeti Akhtar Aziz.
Malaysia's Zeti says inflation may nudge higher
Bank Negara Malaysia governor Tan Sri Dr Zeti Akhtar Aziz was reported as saying on Tuesday that inflation could edge higher before tapering off later this year.
Malaysia rules out ringgit free-float
Malaysia's central bank ruled out any moves to free-float the ringgit on Wednesday 25 May, warning it could lead to volatility but said it was open to opportunities for a better exchange mechanism.
Malaysia to maintain currency peg
Malaysia will maintain its seven-year-old currency peg to the US dollar and has no plans to impose measures to curb the flow of speculative funds into the economy, Deputy Prime Minister Najib Razak said on Thursday 19 May.
Malaysia's Zeti on the Islamic financial system
In the speech 'Brief overview of the Islamic financial system' given on 15 April Dr Zeti Akhtar Aziz of the Central Bank of Malaysia said with the strengthened Islamic financial infrastructure now being firmly achieved in the first phase of the Financial…
ADB: Malaysian ringgit peg reform long overdue
The Asian Development Bank's top economist said on Tuesday 3 May that it is time for Malaysia to relax its currency peg and strong economic fundamentals will allow the country to adopt a more flexible exchange rate fairly smoothly.
Malaysia's reserves rise in first half of April
Bank Negara Malaysia said on Friday 22 April that its international reserves rose to RM276.7 billion (US$72.8 billion) as at 15 April 2005.
Bank Negara reports fall in reserves
Bank Negara Malaysia's international reserves fell to RM275.17 billion (US$72.41 billion) at the end of March, the first decline in many months.
Malaysia says reserves well-diversified
Malaysia's international reserves are well-balanced and not excessive in US dollar holdings, Bernama news agency reported, quoting Bank Negara Malaysia (BNM) Deputy Governor Ooi Sang Kuang.
Malaysia's Zeti on Bank Negara's LINK
In the speech 'Bank Negara Malaysia LINK' given on 25 February, Dr Zeti Akhtar Aziz of the Central Bank of Malaysia said the establishment of Bank Negara Malaysia LINK takes the central bank's public outreach programme to a higher level.
Launch of Malaysia's Financial Mediation Bureau
In a speech given on 20 January Dr Zeti Akhtar Aziz of the Central Bank of Malaysia said the scope of the Financial Mediation Bureau has been expanded to cover Islamic banks and development financial institutions, as well as selected payment system…
Bank Negara's reserves reach new high
Bank Negara Malaysia's foreign reserves reached a new high of RM264.66 billion (US$69.64 million) in the second half of January, due partly to larger inflow of portfolio funds.
Bank Negara Malaysia appoints assistant governors
Bank Negara Malaysia announced on Wednesday that it had appointed Encik Muhammad Bin Ibrahim and Puan Nor Shamsiah Yunus to the post of Assistant Governor, effective from 1 December.
Malaysia issues new polymer notes
Bank Negara Malaysia has issued 80 million pieces of the more durable RM5 polymer banknotes for circulation nationwide, Bank Negara assistant governor Datuk Mohamad Daud Dol Moin said.
Malaysia set to launch plastic money soon
Malaysia's central bank said on Thursday 21 October that it will launch plastic banknotes next week, joining a growing trend for the more durable 'paper' money.